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Business of climate changei

The business of climate change forms a core part of SCMP’s climate change coverage. Key topics covered include the policy drivers, financing and business case for the commercialisation of low carbon energy technology and solutions – ranging from green hydrogen to wind, solar and nuclear energy – and carbon removal technologies such as afforestation and carbon capture, utilisation and storage. Sustainable consumption of products that reduce the carbon footprint of supply chains are also featured regularly, spanning topics such as upcycling and recycling of textiles, food wastes and packaging materials.

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The Chinese premium electric vehicle start-up plans to build a factory and establish its global headquarters in Hong Kong as it looks to gain a foothold in the industry.

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Plans are afoot to commercially produce solar-powered freezer lorries in the city for the first time, in a move to help reduce the carbon footprint of a sector responsible for a fifth of the city’s emissions.

Five Chinese venture-capital deals raised US$2.93 billion in the first half of 2024, two-thirds of the US$4.5 billion raised by the world’s top 10 clean energy deals, data provider says.

One of two state-owned grid companies is raising capital expenditure 23.5 per cent to US$24 billion in 2024 as the country races to wire its record-breaking renewable capacity into the grid.

Zeng is the latest business leader to criticise the cutthroat competition amid mounting worries that constant price reductions are undermining profitability, reputation and even safety in China’s EV industry.

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With the number of senior citizens in Hong Kong set to double by 2046, an open, transparent process to decide on retention can benefit both employees and employers, according to a Hong Kong Chartered Governance Institute report.

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Israeli alternative protein start-up Forsea aims to bring its cell-based eel unagi to Japan and other Asia-Pacific markets including China and Hong Kong to provide a more sustainable version of an enormously popular dish.

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In the third of a four-part series on green hydrogen, Eric Ng and Yujie Xue look into start-ups that are working on creating the infrastructure and technology to take the low-carbon fuel mainstream.

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A top energy official in China has dismissed concerns over the country’s high capacity in solar power, saying the imbalance will be corrected as the industry transitions and market forces do their work.

In the quest for a greener future, hydrogen is expected to play a key role. Here’s a look at the equipment that releases its potential as an energy source.

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The provisional duties vary between 17 and 38 per cent depending on each carmaker’s level of cooperation with the European Commission’s anti-subsidy investigation. Here’s what you need to know.

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The Hong Kong and China Gas Company (Towngas) has teamed up with the French water, waste and energy group Veolia to launch the city’s first green hydrogen project, which will convert biogas from a landfill site into a sustainable fuel.

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Coal output will grow by 100 million tonnes this year as Beijing loosens restrictions because of economic and energy-security pressures, Goldman says.

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Readers discuss how anti-China trade measures threaten the world’s climate commitments, responsible tourism to Xiaohongshu hotspots, and Hong Kong’s most talked-about couple.

The global wind sector will be driven by faster energy transition and the need for energy security, leading to a tripling in the rate of annual additions worldwide with China accounting for over half the additions.

Climate-focused funds in China saw a decline in assets and product launches last year despite an uptick in inflows, with the funds prone to huge volatility because of speculative trading, according to Morningstar.

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